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Walla Walla, WA

CitySAFMR
Walla Walla County
Found 1 ZIP

City Median Investment Score

58Below average

095130300
BRFMR
Eff. Rent
0 BR$1,170$1,200
1 BR$1,240$1,300
2 BR$1,620$1,610
3 BR$2,240$2,030
4 BR$2,710$2,250
5 BR$3,116Not available
6 BR$3,584Not available
7 BR$4,122Not available
8 BR$4,740Not available

Purchase Price Calculator

Maximum purchase price
$177,329

Cost breakdown

+Likely effective rent$1,610
HUD FMR$1,620
Market rentUsed$1,610
Est. payment standard (100%)$1,610
-Principal and interest-$897
Loan amount$141,863
Down payment$35,466
Rate6.50%
Term30 years
-Operating costs-$513
Property taxes-$177
Insurance-$175
Utilities$0
HOA$0
Management-$161
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,918(73.1% ROI)
Projected value
$190,964
Return breakdown
Property appreciation+$13,635
Loan principal paid down+$5,083
Rental cash flow+$7,200
5-year hold
+$44,366(125.1% ROI)
Projected value
$200,631
Return breakdown
Property appreciation+$23,302
Loan principal paid down+$9,064
Rental cash flow+$12,000
10-year hold
+$95,264(268.6% ROI)
Projected value
$226,996
Return breakdown
Property appreciation+$49,667
Loan principal paid down+$21,597
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
0.93
2 BR
1.01
3 BR
1.10
4 BR
1.20
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Walla Walla, WA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Walla Walla, WA is $1,620 a month. That is up 0.6% from $1,610 in FY 2026. Walla Walla is in the Walla Walla, WA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,561. The median county two-bedroom FMR in Washington is $1,467, so Walla Walla is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Walla Walla, WA
BedroomsFY 2027Change90–110% range
Studio$1,170+4.5%$1,053–$1,287
1BR$1,240+0.8%$1,116–$1,364
2BR$1,620+0.6%$1,458–$1,782
3BR$2,240+1.8%$2,016–$2,464
4BR$2,710+0.4%$2,439–$2,981

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Walla Walla, WA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,170$1,240$1,620$2,240$2,710
FY 2026$1,120$1,230$1,610$2,200$2,700
FY 2025$1,060$1,170$1,540$2,120$2,590
FY 2024$1,000$1,130$1,480$2,030$2,350
FY 2023$840$960$1,260$1,770$1,970

Questions about Walla Walla, WA rents

How much will Section 8 pay for a two-bedroom in Walla Walla, WA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,561, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,405 to $1,717 a month; under the ZIP-level Small Area FMR of $1,620 it would be $1,458 to $1,782. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Walla Walla, WA in?

Walla Walla, WA is in the Walla Walla, WA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,561.

How much did fair market rent change in Walla Walla, WA for FY 2027?

The two-bedroom FMR rose 0.6%, from $1,610 in FY 2026 to $1,620 in FY 2027. Since FY 2023 it has risen 28.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set